New Delhi, Apr 16 (KNN) India slipped to become the world’s sixth-largest economy in 2025, dropping one rank from the previous year, according to the latest data from the International Monetary Fund, even as the country continued to record one of the fastest growth rates among major economies. GDP ComparisonContinue Reading
New Delhi, Apr 16 (KNN) The latest amendments to the Insolvency and Bankruptcy Code are expected to accelerate insolvency resolutions and improve recovery outcomes for lenders, according to a report by ICRA. The Code, which has undergone six amendments over the past decade, has been progressively refined to enableContinue Reading
New Delhi, Apr 16 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) is in discussions with the Department of Financial Services (DFS) to explore a credit guarantee scheme similar to the Emergency Credit Line Guarantee Scheme (ECLGS), aimed at supporting MSMEs affected by the ongoing West Asia crisis.Continue Reading
New Delhi, Apr 16 (KNN) The share of bank loans in the overall borrowings of non-banking financial companies (NBFCs) is expected to rise to 44–45 per cent in the current fiscal, up from around 43 per cent in the second half of FY26, according to a report by Crisil Ratings.Continue Reading
New Delhi, Apr 15 (KNN) The International Monetary Fund (IMF) has raised India’s GDP growth projections for the next two fiscal years, reaffirming the country’s position as the world’s fastest-growing major economy despite global uncertainties arising from the ongoing West Asia conflict. Growth projected at 6.5 percent In its AprilContinue Reading
New Delhi, Apr 15 (KNN) India’s macroeconomic and financial sector fundamentals are well placed to absorb the impact of a potential oil price shock, although economic growth could moderate under a sustained high crude price scenario, according to S&P Global Ratings. Growth May Slow Under High Crude Scenario Continue Reading
New Delhi, Apr 15 (KNN) Non-banking financial companies (NBFCs) are expected to increase their reliance on bank borrowings in FY27, supported by relatively lower interest rates in the banking system, according to Crisil Ratings. The share of bank borrowings, which rose to 43 per cent in FY26 amid higher activityContinue Reading
